Yarn quotations hang upside down inside and outside, imports from March to April may decline again

According to feedback from cotton yarn traders in Guangdong, Jiangsu, Zhejiang, Shandong and other places, in the past week or so, inquiries for imported cotton yarn, and shipments have continued to be light and sluggish. The peak season orders for C21S-C32S Vietnam and India high-profile bleached yarns have been repeated and repeated. Rejection. Due to the large inventory of bonded ports and customs clearance, which accounted for capital; coupled with the shipment and delivery volume in March/April, the number of shipments and deliveries was still not low, so recently in Foshan, Shaoxing, Changzhou and other light textile markets, traders sold C8S-C16S at low prices in Pakistan Siro spins yarns, hoping to withdraw funds as soon as possible and ease the pressure on cash flow. From the quotation point of view, since mid-March, the outer disk and inner disk of imported cotton yarn have been continuously falling. OE yarn, carded yarn and combed yarn are all spared; Qingdao Port 32C package bleached printed cotton yarn quotation was higher than that on March 24-25. Domestic yarn is 150-250 yuan/ton. Due to substantial losses and upside-down cotton yarn prices, and the increasing proportion of Indian/Vietnamese yarn mills with production cuts and suspensions, cotton yarn traders are not willing to cut prices and run goods in the short term. According to several spinning mills in Vietnam, affected by the new crown pneumonia epidemic, the devaluation of the renminbi, and the slower resumption of production by Chinese weaving and clothing companies, some varieties have been 'priceless' since February, and inventories have continued to increase. According to customs statistics, my country imported 280,000 tons of cotton yarn from January to February 2020, a year-on-year decrease of 1.4% (the import volume in January was slightly larger), while the cumulative imported cotton yarn from September 2019 to February 2020 decreased by 1.1% year-on-year, so despite the Spring Festival , The impact of the outbreak of the new crown epidemic, the decline in cotton yarn imports in the first two months is not prominent. Some cotton yarn importing companies and cloth mills believe that on the one hand, the first two months of 2020 will mainly complete the orders for 'future yarn' from October to December of 2019; on the other hand, traders and middlemen have complained about the resumption of production and work of Chinese companies after the epidemic. The demand for cotton yarn is expected to 'blow outWait for the negative pressure (some small weaving and clothing companies in Henan, Shandong, Jiangsu and Zhejiang are facing the risk of suspending production again), so the import and consumption situation of cotton yarn in March and April may shrink relatively. Article Keywords: 　 Yarn Quotation